Sat, March 8, 2025
Fri, March 7, 2025
Thu, March 6, 2025
Wed, March 5, 2025
Tue, March 4, 2025
Mon, March 3, 2025
Sun, March 2, 2025
Sat, March 1, 2025
Fri, February 28, 2025
Thu, February 27, 2025
Wed, February 26, 2025
Tue, February 25, 2025
Mon, February 24, 2025
Sun, February 23, 2025
Sat, February 22, 2025
Fri, February 21, 2025
Thu, February 20, 2025
Wed, February 19, 2025
Tue, February 18, 2025
Mon, February 17, 2025
Sun, February 16, 2025
Sat, February 15, 2025
Fri, February 14, 2025
Thu, February 13, 2025
Wed, February 12, 2025

Is This 'Tariff-Protected' Stock a Buy as It Nears Penny Stock Territory?


Published on 2025-03-08 20:01:02 - Barchart
  Print publication without navigation

    • U.S. stocks have tumbled amid tariff uncertainty and growth fears. The Nasdaq Composite Index ($NASX) has fallen into a correction zone, and the S&P 500 Index ($SPX) briefly fell below the 200-day moving average on March 6.

The article from MSN Money discusses the investment potential of SunPower Corporation (SPWR), a solar energy company, as its stock price approaches penny stock levels. Despite a significant drop in its stock value, down 75% in the last year, the article suggests that SunPower could be an attractive buy due to several factors. Firstly, the company benefits from U.S. tariffs on solar imports, which protect domestic manufacturers like SunPower from cheaper foreign competition. Additionally, the Inflation Reduction Act has introduced subsidies for solar energy, potentially boosting the sector. However, the article also highlights risks such as the company's high debt levels and the competitive nature of the solar industry. Analysts have mixed views, with some seeing potential for recovery due to these protective measures and government incentives, while others remain cautious about the company's financial health and market position.

Read the Full Barchart Article at:
[ [ https://www.msn.com/en-us/money/savingandinvesting/is-this-tariff-protected-stock-a-buy-as-it-nears-penny-stock-territory/ar-AA1AvYFv ] ]